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$Salesforce.com(CRM)$ is attractive due to its strong fundamentals. Its consistent earnings per share (EPS) growth reflects a reliable profit generator, driven by a growing customer base and high retention rates.
As a leader in cloud-based CRM solutions, Salesforce dominates its market, benefiting from increasing digital transformation. It has shown impressive revenue growth through diverse streams, including subscriptions and products like Slack and Tableau. Strategic acquisitions have expanded its offerings, strengthening its competitive position.
Salesforce's AI investments, such as Salesforce Einstein, provide a competitive edge, while its strong balance sheet ensures financial flexibility for growth and acquisitions. Global expansion and increasing demand for CRM solutions position Salesforce for long-term success, making it an appealing investment.
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As a professional financial analyst, let's analyze Salesforce.com (CRM) based on its business outlook, earnings forecast, recent trends, analyst viewpoints, and news sentiment.
Business and Industry:Salesforce.com is a leader in cloud-based customer relationship management (CRM) solutions. It benefits from the increasing demand for digital transformation and has a dominant position in the market. With a growing customer base and high retention rates, Salesforce.com is a reliable profit generator.
Earnings Forecast:
2025FY: The forecasted EPS is $10.11, with a forecasted gross income of $37.86 billion and a forecasted EBIT of $12.42 billion.
2026FY: The forecasted EPS is $11.14, with a forecasted gross income of $41.28 billion and a forecasted EBIT of $14.02 billion.
2027FY: The forecasted EPS is $12.70, with a forecasted gross income of $45.43 billion and a forecasted EBIT of $16.06 billion.
Recent Trends:
Support price on 2024-11-29: $263.44 (USD)
Resistance price on 2024-11-29: $339.44 (USD)
Stock price on 2024-12-03: $331.01 (USD)
Analyst Viewpoints:
Analysts have provided various recommendations for Salesforce.com, with 13 recommending, 26 buying, 10 holding, and 1 selling the stock.
The mean, low, and high target price estimates from 42 analysts are $351.60, $236.00, and $450.00, respectively.
News Sentiment:Analyzing recent news sentiment can provide insights into the potential impact on the stock's price and future growth. Unfortunately, the specific news sentiment for Salesforce.com is not available in the provided data.
Please note that the provided information is for reference purposes only and should not be considered as investment advice. Investing in the stock market carries inherent risks, and stock prices can fluctuate. It is essential to conduct thorough research and analysis before making investment decisions.
Sources:
Financial Data: Tiger Brokers
Trend Analysis: Tiger Brokers
Analyst Viewpoints: Tiger Brokers
News Sentiment: Not available